Three Importing tips for Jewellers

Simple mistakes, changes to procedures or just a change of flight can cost time, money and, in some cases, a client as a result of hold-ups with Customs, even for experienced importers.

Designer Kate McCoy last year returned from Hong Kong with diamonds in hand, entering Australia via Brisbane before connecting to Sydney. Having previously customs-cleared her own stock in Sydney on direct flights, she hadn’t anticipated a 24-hour waylay to await Brisbane’s different Customs process.

Contemplating a missed connecting flight, her alternative was to engage a specialist brokerage to facilitate immediate customs clearance on her behalf.

Kate said: “I made a business decision – pay a broker and save on hotels and new flight costs. Platinum Freight cleared the diamonds and I made my connecting flight 30 minutes later. Impressive.”

Customs can review paperwork for up to five years – penalising for errors in arrears. Be accurate!

Customs brokers assess compliance, taxes, costs and can even guarantee no penalties on shipments for clients.

2. Know the costs:

There is no duty free allowance for business goods or samples

Factor in: transport to Customs offices from the airport, fees for flight changes after Customs delay, hotels, the cost of time, also freight and logistics after clearance. Also factor in Customs holding fees that may apply in delays.

Brokers assess all fees, taxes, and free trade agreements, and work on schedules that save the client.

Platinum Freight® Management is a member of the Jewellers Association of Australia and an experienced supporter of Australian jewellery importers. For more information about importing gemstones and jewellery into Australia, or for a free quote, visit www.platinumfreight.com.au/jewellers or phone 1300 882 877.

Acknowledgement

The staff and management of Platinum Freight® Management Pty Ltd would like to acknowledge and pay respect to the traditional owners of the land on which we work and earn an income; the Gadigal people of the Eora Nation. It is upon their ancestral lands that our business continues to operate.